Mathematics · Interest
If the compound interest on a certain sum for 3 years at 6% per annum is Rs 1,780.20, what will be the simple interest on the same sum at the same rate for 3 years?
- 1Rs 1,720.00
- 2Rs 1,700.00✓
- 3Rs 1,650.00
- 4Rs 1,677.60
Correct answer
Rs 1,700.00
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